AURA BIOSCIENCES INC (AURA) Stock Technical Analysis
NASDAQ:AURA • US05153U1079
We assign a technical rating of 3 out of 10 to AURA. In the past year, AURA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, AURA is a bad performer in the overall market: 83% of all stocks are doing better.
- AURA is one of the lesser performing stocks in the Biotechnology industry. 61% of 521 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month AURA has a been trading in the 4.87 - 6.15 range, which is quite wide. It is currently trading near the high of this range.
- AURA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AURA is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AURA has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.92
3 important support areas can be observed.
- A support zone ranging from 5.53 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.40 from a horizontal line in the weekly time frame.
- Support @4.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.10 from a trend line in the daily time frame.
- Resistance @6.26 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.57 to 6.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AURA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AURA is up. |
| ChartMill Relative Strength | 17.9 | NEGATIVE | AURA has a low relative strength, it was outperformed by 82.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AURA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AURA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AURA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.46 | NEUTRAL | The RSI value for AURA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AURA has a positive trend. |
| Stochastics (14,3) | 85.35 | OVERBOUGHT | The high Stochastics value suggests AURA may be overbought. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for AURA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.76 | NEGATIVE | The low ADX value for AURA suggests a weak or negative trend. |
5.98
-0.04 (-0.66%)
AURA BIOSCIENCES INC / AURA FAQ
Can you provide the ChartMill technical rating for AURA BIOSCIENCES INC?
ChartMill assigns a technical rating of 3 / 10 to AURA.
What is the trend direction for AURA stock?
The current trend direction for AURA BIOSCIENCES INC (AURA) is Bearish.
Can you provide the RSI signal for AURA BIOSCIENCES INC?
AURA BIOSCIENCES INC (AURA) has an RSI value of 59.4603. This indicates that the stock is currently neutral.
What is the short term momentum for AURA stock?
The short term momentum for AURA BIOSCIENCES INC (AURA) is positive.
Can you provide the support and resistance levels for AURA BIOSCIENCES INC?
AURA BIOSCIENCES INC (AURA) has a support level at 5.68 and a resistance level at 6.1. Check the full technical report for our detailed analysis of AURA support and resistance levels.